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Brown Brothers Harriman & Co. Adds Two New Senior Advisors

April 3, 2019

Brown Brothers Harriman & Co. Adds Two New Senior Advisors

New York, NY, April 3, 2019 – Brown Brothers Harriman & Co. (“BBH”) is pleased to announce the appointment of D. Lynn Kelley, Ph.D., and Chester “Chet” E. Burrell as Senior Advisors to the firm. Dr. Kelley and Mr. Burrell will work with BBH’s Private Banking line of business, with a specific emphasis on private equity investing.

Dr. Kelley retired from Union Pacific Railroad in 2018 as Senior Vice President, Supply Chain and Continuous Improvement, where she was responsible for sourcing, logistics, warehouse operations, fuel and water infrastructure, and industrial engineering/continuous improvement. She has published 17 articles and three books in the fields of statistics and operational excellence. Dr. Kelley completed a post-doctoral fellowship at the U.S. Census Bureau and a post-doctoral fellowship with the American Society of Engineering Education. Dr. Kelley currently sits on the board of Ethos Veterinary Health, LLC, a BBH Capital Partners portfolio company.

Mr. Burrell retired as CEO in 2018 of CareFirst Blue Cross Blue Shield, the largest private payer and health benefits management company in the mid-Atlantic and long considered one of the thought leaders in the U.S. healthcare payer landscape. Mr. Burrell has held numerous CEO-level positions in the U.S. healthcare system for nearly 40 years, in both the public and private sectors, as well as in the for-profit and nonprofit arenas. He has led major private payers covering millions of subscribers, as well as startup and mid-stage healthcare technology companies backed by private equity and venture partners. Mr. Burrell has successfully overseen investments in over 40 healthcare technology and service companies.

Bradley M. Langer, Managing Director of BBH, said, “Chet's knowledge, relationships and experience in the healthcare space will enable him to make an immediate contribution to our business in evaluating potential investments and adding value post-investment to our healthcare portfolio companies. We are very pleased that Chet has chosen to work with us, especially during this dynamic time in the healthcare industry.”

About BBH Capital Partners

BBH Capital Partners (“BBHCP”), a private equity strategy of Brown Brothers Harriman & Co., provides friendly capital solutions to growth-oriented middle-market companies. Our flexible investment mandate gives us the ability to act as a control or non-control investor and to structure our investments as a combination of equity and subordinated debt securities as needed. BBHCP typically invests between $10 million and $125 million per platform investment, and our capital is used to support a variety of transactions, including management or leveraged buyouts, growth financings, recapitalizations (including dividend recapitalizations), buy-and-build strategies and acquisitions.

About Brown Brothers Harriman

BBH is a privately held financial institution that has been a thought leader and solutions provider for more than 200 years. The firm serves individuals, families, businesses and institutions in its three business lines: Private Banking, Investment Management and Investor Services. BBH’s culture of accountability fosters deep and lasting relationships built on commitment, adaptability and trust. The company is independent, selective and specialized by design.

BBH Private Banking’s mission is to be the pre-eminent provider of advice and capital to private business owners and people of substantial wealth to help them create, transition, preserve and grow their wealth. The firm serves both corporate and private clients in the following products and services: Private Wealth Management, Corporate Advisory & Banking, and Private Equity.